How Life and Health Insurance Works

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mahbubamim077
Posts: 248
Joined: Tue Jan 07, 2025 4:29 am

How Life and Health Insurance Works

Post by mahbubamim077 »

Obtaining disability. Industrial injury. In the services market, health insurance is a category of insurance products that are aimed at covering the insured's risks associated with treatment or disability. Become an MTPL insurance agent and receive up to 35% commission!

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Due to insurance coverage, it is easier to reduce the negative impact of a difficult life situation. It occurs if the following scenario occurs: the insured gets sick, dies. Or, on the contrary, lives to an old age when money is needed. How Life and Health Insurance Works The client signs an insurance contract and then pays the organization contributions annually or monthly. Depending on the terms of the contract, the company is allowed to dispose of this money or accumulate it in an insurance fund. When an insured event occurs (or the policyholder reaches the age of survival), the insurance company (IC) pays the client the amount established by the contract.
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